News & Updates

Citizens Property Insurance Corporation

Citizens Provides Reinspection Results

Citizens Provides Reinspection Results

A Citizens Property Insurance Corporation committee recently discussed results of its reinspection program for wind mitigation features.  The reinspection of 1500 personal residential risks has identified changes in data for 90% of the policies and changes in premiums for 75% of the policies.  The categories of roof cover, roof deck attachment, roof to wall attachment […]

Continue Reading →

Property Bill Goes to the Wire; Cost Drivers at Issue

Property Bill Goes to the Wire; Cost Drivers at Issue

The 2010 legislative session begin with fairly widespread recognition that the residential property insurance market in Florida has been set back by several “cost drivers” warranting legislative attention.  The Florida Cabinet held discussions about why insurers have been losing money in recent years even without hurricanes affecting the state.  Insurance Commissioner Kevin McCarty identified for […]

Continue Reading →